Clive's Disaster Central report:   Source Courier Mail

Palmer Coolum Resort villa owners sense victory may be near
January 20, 2016 1:00am
JOHN McCARTHYThe Courier-Mail



THE five-star siege at Clive Palmer’s Coolum resort is heading to a showdown as villa owners living without power and water claim they have victory in their sights.


Mr Palmer’s latest bid in the four-year fight is to wrest control of the body corporate that manages the estate and rid it of residents he has dubbed “squatters’’ and “nuisances’’, including its chairman Chris Shannon.

ESCALATION: Palmer closes gates to Palmer Coolum Resort’s golf course

Mr Palmer’s resolution for an extraordinary general meeting on February 8 is to install his wife, Anna, as body corporate chairwoman and his daughter Emily as treasurer.


Palmer Coolum Resort's only resident Maree Frecklington lives with no electricity, using candlelight and cooking by gas.

The squatters can only refer to Maree Frecklington, who is the last holdout at her part-owned villa in the tennis court estate.

She lives in the dark after Mr Palmer’s company pulled the plug on utilities over a payment dispute. There is no rubbish removal, no power and, for a while, there was no water. “I don’t give up. I never have,’’ Ms Frecklington, 69, said.

hes a thorough PIG>. I hope he gets what hes due....

so arrogant...and now his wife and daughter are joining him.. a pox on the lot of them.

cods wrote on Jan 20^th, 2016 at 5:47pm:

hes a thorough PIG>. I hope he gets what hes due.... so arrogant...and now his wife and daughter are joining him.. a pox on the lot of them.

Agreed, Cods!!!

I always thought it was unlawful to switch off all utilities just like that...just to drive someone out...I dont think they can do that legally can they??...although Qld I am sure they can...

to think people elected that  ass.h...

red baron wrote on Jan 20^th, 2016 at 5:36pm:

Clive's Disaster Central report:   Source Courier Mail Palmer Coolum Resort villa owners sense victory may be near January 20, 2016 1:00am JOHN McCARTHYThe Courier-Mail  THE five-star siege at Clive Palmer’s Coolum resort is heading to a showdown as villa owners living without power and water claim they have victory in their sights. Mr Palmer’s latest bid in the four-year fight is to wrest control of the body corporate that manages the estate and rid it of residents he has dubbed “squatters’’ and “nuisances’’, including its chairman Chris Shannon. ESCALATION: Palmer closes gates to Palmer Coolum Resort’s golf course Mr Palmer’s resolution for an extraordinary general meeting on February 8 is to install his wife, Anna, as body corporate chairwoman and his daughter Emily as treasurer. Palmer Coolum Resort's only resident Maree Frecklington lives with no electricity, using candlelight and cooking by gas. The squatters can only refer to Maree Frecklington, who is the last holdout at her part-owned villa in the tennis court estate. She lives in the dark after Mr Palmer’s company pulled the plug on utilities over a payment dispute. There is no rubbish removal, no power and, for a while, there was no water. “I don’t give up. I never have,’’ Ms Frecklington, 69, said.

I do not know what the legal position is.  No-one other than the parties involved will have even the slightest idea.  I know Clive owns the place so....it is his to do what he wants with, just like you Mr Baron are free to do what you like with your Castle, even turn off the water taps in the Guest bedroom.

cods wrote on Jan 20^th, 2016 at 5:52pm:

I always thought it was unlawful to switch off all utilities just like that...just to drive someone out...I dont think they can do that legally can they??...although Qld I am sure they can... to think people elected that  ass.h...

I don't know, cods, and until I do, I'll refrain from throwing grenades.  But......you feel free codsy wodsy baby doll cutesy pie.  It will make you feel good.

http://www.smh.com.au/business/mining-and-resources/clive-palmers-queensland-nickel-is-underwater-needs-capital-injection-20160129-gmhag0.html

Clive Palmer's Queensland Nickel will require a capital injection of "tens of millions of dollars" to avoid liquidation unless there is a rapid improvement in the price of nickel, a joint administrator of the company said on Friday.
The disclosure came as it emerged that the total debts of the company could exceed $110 million, with between $70-80 million owed to creditors and $30.8 million currently owed to employees, of which $16 million is owed to staff who were sacked this month.
However Ben Swan, Queensland secretary of the Australian Workers Union, said if the company went into liquidation then the range of outstanding commitments to employees would soar to between $65 to $70 million. "So the scale of this is just gargantuan" he told Fairfax Media after the initial creditor's meeting held on Friday morning in Townsville.


Read more:


and thats the good news...


Mr Swan, who has been appointed to the creditor's committee, said the mood at the two and a half hour meeting on Friday was professional and "courteous" but that proxies for Clive Palmer and his wife Anna had got short shrift when they attempted to get the couple onto the creditor's committee.
"The meeting overwhelmingly said 'get stuffed' and voted accordingly, so he [Palmer] is not Mr Popularity," Mr Swan said.

;D ;D ;D ;D ;D ;D

Aussie wrote on Jan 20^th, 2016 at 5:54pm:

I do not know what the legal position is.

the body corporate (clive) has a duty of care to it's owners .... all its owners.

Aussie wrote on Jan 20^th, 2016 at 5:54pm:

I know Clive owns the place so.

he doesn't own the villas in dispute .

aussie believes every word Clive says..

I guess he doesnt have much choice...

thanks to the likes of aussie  we are stuck with this scam artist

[/url]http://www.afr.com/news/politics/national/clive-palmers-creditors-wait-for-answers-and-their-money-20160129-gmgrbq[/url]


Three days before Queensland Nickel went into voluntary administration, engineer David Marks was sacked with another 237 employees. He had been there about 10 years and is owed 18 weeks' leave. Other staff are owed more than $200,000.

"I went and saw the bank manager yesterday at the Bank of Queensland and I said to him, 'Don't expect any payments soon,'" Mr Marks said. "The bank said I didn't have to pay anything for three months, but I suspect the interest will still accrue."


When Mr Marks, a single father, got home his son said to him that instead of getting a new calculator for his exam he would just buy one off the Gumtree website.

"My son knows the situation I am in and it's tough," he said. "I will probably have to sell my house, but I don't want to because house prices are depressed at the moment and I'll probably drop a lot if I sell."

House prices have been slipping for the past five years; they are down 7 per cent over that time and down 2.7 per cent in the last 12 months. The collapse of one of the biggest employers is going to make that worse.

His situation reflects how Townsville's economy and in some ways regional Queensland is suffering from the downturn in resources prices.


crook you dont seem concerned about any of this????




Quote:

A 200 metre-long ship waiting in the Papua New Guinea port of Lae filled with nickel ore destined for Clive Palmer's refinery in Townsville is going nowhere. The ship's owner is owed $1.8 million for the thousands of tonnes of nickel it has already transported to Townsville for Mr Palmer. On Friday its representative stood in a line at a meeting in Townsville

how does a nickel refinery keep working without the nickel???? ::) ::) ::) ::)

John Smith wrote on Jan 30^th, 2016 at 8:11am:

Aussie wrote on Jan 20th, 2016 at 5:54pm: I know Clive owns the place so. he doesn't own the villas in dispute .

I am not sure of even that.  He may own the real estate upon which they are built, but there are time share rights.  We are all guessing.  Well, I am.

Aussie wrote on Jan 30^th, 2016 at 2:07pm:

I am not sure of even that.

red baron wrote on Jan 20^th, 2016 at 5:36pm:

THE five-star siege at Clive Palmer’s Coolum resort is heading to a showdown as villa owners living without power and water claim they have victory in their sights.

John Smith wrote on Jan 30^th, 2016 at 3:13pm:

Aussie wrote on Jan 30th, 2016 at 2:07pm: I am not sure of even that. red baron wrote on Jan 20th, 2016 at 5:36pm: THE five-star siege at Clive Palmer’s Coolum resort is heading to a showdown as villa owners living without power and water claim they have victory in their sights.

I read that.  However, I am also aware that the schmedia are in the business of creating controversy.  I don't know, they don't know what the tenure entitlement is and the Court will sort it out.  If they own those Units outright, in fee simple and unconditionally, then I am staggered that Palmer has physical capacity to interrupt their access, and deny power and water.

ww.theaustralian.com.au/news/investigations/clive-palmer/clive-palmer-demands-nightly-fees-from-coolum-villa-owners/news-story/79bdffe4e7b77ab4


this is one nasty dude..

Management at Clive Palmer’s Coolum resort issued a Christmas Eve demand for villa owners on the hotel grounds to pay nightly accommodation rates until they have a court document that proves they have a right to be there.

The letter, signed by resort manager Simon Stodart, was sent to the villa owners soon after the Federal Court rejected the federal MP’s bid to lift his voting power within a body-corporate-like entity that controls the properties on Queensland’s Sunshine Coast last week.

The owners, who have withstood attempts by Mr Palmer to take over their villas at a price of his choosing since 2012, have dismissed the letter as an “idle threat”



no one needs to make up stories about this man..

he is capable of doing anything......the lower the better..

>:( >:( >:(

Aussie wrote on Jan 30^th, 2016 at 3:24pm:

I am staggered that Palmer has physical capacity to interrupt their access, and deny power and water.

that would apply equally if they were time sharing

John Smith wrote on Jan 30^th, 2016 at 3:51pm:

Aussie wrote on Jan 30th, 2016 at 3:24pm: I am staggered that Palmer has physical capacity to interrupt their access, and deny power and water. that would apply equally if they were time sharing

I agree....in any normal situation of like kind.  My difficulty is.............I just do not know.  Neither does the schmedia.  It is obviously a complex legal position, so that means it is for the Court to sort out....not the schmedia, and not the social schmedia.  I agree it is a bad look for Palmer, but the Murdoch Press/Media are always going to paint it that way.

'An attempt by Clive Palmer to be able to gain more voting power over the body corporate style entity at Palmer Coolum Resort has been dismissed by the Federal Court.

The Presidents' Club, which represents villa owners, initially applied for the Australian Takeovers Panel (ATP) to prevent Mr Palmer's entities, including Palmer Leisure Coolum Pty Ltd, from gaining more than 20 per cent of voting power.'

http://www.abc.net.au/news/2015-12-24/clive-palmer-federal-court-bid-against-villa-owners-dismissed/7053560

lee wrote on Jan 30^th, 2016 at 4:14pm:

'An attempt by Clive Palmer to be able to gain more voting power over the body corporate style entity at Palmer Coolum Resort has been dismissed by the Federal Court. The Presidents' Club, which represents villa owners, initially applied for the Australian Takeovers Panel (ATP) to prevent Mr Palmer's entities, including Palmer Leisure Coolum Pty Ltd, from gaining more than 20 per cent of voting power.' http://www.abc.net.au/news/2015-12-24/clive-palmer-federal-court-bid-against-villa-owners-dismissed/7053560

Thanks.  We did already know that.

But it isn't just that nasty Murdoch Press. ;)

lee wrote on Jan 30^th, 2016 at 4:49pm:

But it isn't just that nasty Murdoch Press. ;)

Of course, I agree.  It simply reports on the outcome of an initial legal skirmish.

Aussie wrote on Jan 20^th, 2016 at 5:54pm:

red baron wrote on Jan 20th, 2016 at 5:36pm: Clive's Disaster Central report:   Source Courier Mail Palmer Coolum Resort villa owners sense victory may be near January 20, 2016 1:00am JOHN McCARTHYThe Courier-Mail  THE five-star siege at Clive Palmer’s Coolum resort is heading to a showdown as villa owners living without power and water claim they have victory in their sights. Mr Palmer’s latest bid in the four-year fight is to wrest control of the body corporate that manages the estate and rid it of residents he has dubbed “squatters’’ and “nuisances’’, including its chairman Chris Shannon. ESCALATION: Palmer closes gates to Palmer Coolum Resort’s golf course Mr Palmer’s resolution for an extraordinary general meeting on February 8 is to install his wife, Anna, as body corporate chairwoman and his daughter Emily as treasurer. Palmer Coolum Resort's only resident Maree Frecklington lives with no electricity, using candlelight and cooking by gas. The squatters can only refer to Maree Frecklington, who is the last holdout at her part-owned villa in the tennis court estate. She lives in the dark after Mr Palmer’s company pulled the plug on utilities over a payment dispute. There is no rubbish removal, no power and, for a while, there was no water. “I don’t give up. I never have,’’ Ms Frecklington, 69, said. I do not know what the legal position is.  No-one other than the parties involved will have even the slightest idea.  I know Clive owns the place so....it is his to do what he wants with, just like you Mr Baron are free to do what you like with your Castle, even turn off the water taps in the Guest bedroom.

I believe they are OWNERS not tenants. Typical of Palmer's bullying. And he wonders why when he is in need of help, nobody gives a damn.

Quote:

I believe they are OWNERS not tenants.

No-one said they were tenants, not even Clive.


Quote:

Typical of Palmer's bullying.

Only here on this Forum have I ever heard that someone who goes to the Law to resolve a dispute is, ipso facto, a bully.


Quote:

And he wonders why when he is in need of help,

Excuse me.  Can you produce any evidence that he wonders why 'he' is in need of help?  In this particular terrible circumstance, it is the creditors (including the employees) of a corporation, the sole shareholder of which is Palmer, who need help.


Quote:

nobody gives a damn.

Clearly.  You don't give a damn about those creditors.

The receivers are talking about selling up his assets to recover costs ... including his planes

so you still think he has a right to call himself a "creditor" and not a "debtor".

It's his company(quote you)

so he's responsible for the debt.

Quote:

The receivers are talking about selling up his assets to recover costs ... including his planes

Link please?


Quote:

so you still think he has a right to call himself a "creditor" and not a "debtor".

I certainly do, and I am quite correct.


Quote:

It's his company(quote you)

He is the sole shareholder.......the Company is a totally different legal entity from the shareholders.


Quote:

so he's responsible for the debt.

No, he is not.

Aussie wrote on Jan 30^th, 2016 at 4:52pm:

lee wrote on Jan 30th, 2016 at 4:49pm: But it isn't just that nasty Murdoch Press. ;) Of course, I agree.  It simply reports on the outcome of an initial legal skirmish.

skirmish.. really??? no power no water charming...

would hate to meet him when hes in a bad mood..

the man is power crazy thinks he can fling everyone a crust and they should accept it.. because of WHO HE IS>.

make that WHO HE THINKS HE IS>.

this is aussie doing his everything in his power not to face reality.....

palmer has been switching roles for at least 12 months.. putting his wife and elder daughter in charge.....making them directors...while he runs around under a different name... ::) ::) ::) ::)


how desperate are these people???

I would say very DESPERATE...

Bondy and Skase eat your heart out..these folks are making you look like choir boys.

Clive hasn't been the same since he found out that Krispy Kreme wasn't coming to his neighborhood  :'( 

http://www.dailytelegraph.com.au/news/national/clive-palmers-surprising-question-and-appearance-with-cash-in-federal-parliament/news-story/ce4d2980edc7556fa09662dbe72bd231


not sure Clives number one supporter is getting what he paid for.. ;D ;D ;D ;D

but at least he turned up on the 1st day... he only turned up for 54% of the sittings last year.. and only 64% the year before... ::) ::) ::)

surely there is a fine for non attendance???>.

odd that hes more worried about how many women are in the Liberal govt...

when he doesnt seem all that moved by the women the men sacked from his Nickel mining business  will no longer be able to support.... >:( >:(

Palmer explains it all on Lateline:

https://www.youtube.com/watch?v=6DVSV0aPQvQ&feature=youtu.be

Palmer letter to Turnbull.  Let's see what Turnbull says now.

Dear Prime Minister

RE: Queensland Nickel Pty Ltd

Notwithstanding your or my comments in the press about the above matter, I am duty bound to write to you to make it absolutely clear so that you have the relevant facts of the matter.

In 2009, when BHP Billiton had decided to close the facility and devastate the North Queensland economy, the world nickel price was higher than US$7 per pound. Today, the world nickel price is US$3.80 per pound and the plant is still in operation, employing directly over 550 people and providing a further 1600 jobs from its activities to the people of Townsville.

In 2009, following discussion with the then labor Queensland Premier Anna Bligh, companies that I own agreed to inject tens of millions of dollars for the acquisition of Queensland Nickel and to operate it more efficiently and continue to impact the employment of thousands of people.

The productivity gained in the plant’s operations is the best achieved in any manufacturing facility in Australia, where the cost of production has halved in comparison to the cost of production under the former BHP management. The excellent work carried out by the management of Queensland Nickel has allowed over $4bn to be invested in North Queensland since 2009.

As you are aware, the management and workers of the plant can only concentrate on their cost base. As a 100% export plant, they are totally dependent upon the world commodity prices. During our meeting late last year in Sydney, I made you aware that the Nickel price had collapsed since October 2015.

The company’s auditors, Ernst & Young, signed an auditor’s report including solvency of the company in September 2015. At that time it was my understanding the company had projected a surplus of $73m for the year and, in the audited accounts, had a net asset base of $1.95bn and no substantial debt. It was reasonable to assume that a banking institution would have funded a small amount of debt on the balance sheet. For reasons best known to the Treasurer, they failed to do so.

In contrast to the Australian Government’s attitude in respect of our metals manufacturing industry, the Canadian Government has waived all charges for power and electricity for all their metals manufacturers due to the low commodity prices. The Chinese Government has provided CNY$30,000,000,000 directly to its metals manufacturing industry. It is disappointing that the Australian Government on this issue is more interested in taking cheap political shots against a management team that has worked so hard to achieve a positive outcome for the company and the country that the Australian Government has obfuscated its duty to ensure there is a level playing field for Australian manufacturers under the World Trade Organisation.

Other Issues

Whilst there have been other issues raised in the press, we have to remember that 22,000 jobs have been lost in Queensland in the resource industry because of declining resource prices, international manipulation of those prices and the failure of the government to even be alive to these issues. These are issues for which the Australian Government refuses to take any actions necessary to counterbalance the effect of these measures on our economy.

The media coverage of this matter has been politicised without addressing the real issues. From a policy perspective, there has been the redundancy of 237 workers in Townsville which has had the effect of preserving jobs for the 550 workers that are still employed directly by Queensland Nickel and jobs for the 1600 workers that depend upon the refinery operations in Townsville.

I have been informed that on the Thursday, when redundancies were carried out, each employee of Queensland Nickel was immediately paid two weeks wages in advance pending final calculation of their entitlements in accordance with the Fair Work Act.

During the period when calculating their entitlements, the director of the company, in accordance with obligations under corporation law, appointed an administrator to the company. That administrator then made the determination that workers’ entitlements would not be paid under the administrators and would be subject to a deed of arrangement. Neither the shareholders nor the management had any decision making powers over such matters and it is therefore very unreasonable for there to be any attack politically on the management of the company pending the outcome of the administrators’ report. There can be no doubt that in the years from 2009 onwards, when the company was subject to audit, that it met all solvency tests as certified by the company auditor.

There has been substantial comment by your ministers that raised the question whether a private family-owned company, which is certified as being fully solvent, has the right to donate funds to the political party of its choosing. As you should be aware, in the years prior to 2013, the political party which you lead, was the beneficiary of substantial donations from Queensland Nickel Pty Ltd. I have heard no such criticism in respect to those donations. Moreover, it is not reasonable or proper to make comments in respect of matters that are subject to any administrators’ report while that report is being compiled.

As you are aware, as I have publicly stated at the time following my election to the federal parliament, I have retired from business. I am concerned with the decline

[continued]

of jobs in the country and the systematic failure of the Australian and State Governments to seriously address industrial policy in this country.

Yours faithfully,
Clive F Palmer
Federal Member for Fairfax

he makes some interesting points.

Indeed he does, and this is not the least of them:


Quote:

There has been substantial comment by your ministers that raised the question whether a private family-owned company, which is certified as being fully solvent, has the right to donate funds to the political party of its choosing. As you should be aware, in the years prior to 2013, the political party which you lead, was the beneficiary of substantial donations from Queensland Nickel Pty Ltd. I have heard no such criticism in respect to those donations. Moreover, it is not reasonable or proper to make comments in respect of matters that are subject to any administrators’ report while that report is being compiled.

Fair weather friends, the Liberal Party.

innocentbystander. wrote on Jan 30^th, 2016 at 9:55pm:

Clive hasn't been the same since he found out that Krispy Kreme wasn't coming to his neighborhood  :'(

with any luck his guts will bust open in front of his eyes... mind you.. he'd probably eat that too...  :o

This is quite a worry for Queensland.  According to ABC News, the coal industry is now cash flow negative, just like the nickel refinery is/was.  I wonder if the Government will do for the coal miners what it refused to do for that Townsville refinery.